Korean Liberation Day, known as Gwangbokjeol, is celebrated on August 15 each year. This day marks the end of Japanese colonial rule over Korea in 1945, when Korea was liberated at the end of World War II. It is a significant national holiday in both South Korea and North Korea, symbolizing the restoration of Korean sovereignty. On this day, various events and ceremonies are held to honor the sacrifices made for independence. People participate in parades, cultural performances, and educational activities to remember the history and promote national unity. The day serves as a reminder of the importance of freedom and self-determination for the Korean people.